Area Intelligence

PUSAT BANDAR

3 properties
3-Storey Storey Shop
Median Price
RM 2,270,000
PSF: RM 1,472

Residential Market

Median Price

RM 900,000

RM 321 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,270,000

IQR: RM 707
MAD: RM 378
RM 1,472 PSF 0.4%

PSF Trends (2021-2025)

PUSAT BANDAR in Labuan, Labuan recorded 3 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 2.27 million and a median price per square foot (PSF) of RM 1,472.

This area contains both residential and commercial properties. View 2 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.27 million, with most transactions falling within a stable range of RM 1.85 million to RM 2.60 million, and a typical market range of RM 1.60 million to RM 2.60 million.

Within the 3-Storey Storey Shop category, 1 - 1 1/2 storey terr dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 1,472, with most transactions between RM 1,331 and RM 1,613. The usual range is RM 1,036.38 to RM 1,907.63, showing that most units are priced quite close to each other. With an IQR of RM 871.25 and MAD of RM 141, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PUSAT BANDAR, Labuan, Labuan

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Transactions

3 properties grouped by size

1,100 sqft 1 units 3-Storey Storey Shop
RM 1,600,000 PSF: RM 1,472
Road Price PSF Size Date
JLN KEMAJUAN
RM 1,600,000
RM 1,472.00
1,087 sqft
Jan 2022
1,350 sqft 1 units 3-Storey Storey Shop
RM 2,270,000 PSF: RM 1,657
Road Price PSF Size Date
JLN OKK AWANG BESAR
RM 2,270,000
RM 1,657.00
1,370 sqft
May 2024
2,000 sqft 1 units 3-Storey Storey Shop
RM 2,600,000 PSF: RM 1,313
Road Price PSF Size Date
JLN OKK AWANG BESAR
RM 2,600,000
RM 1,313.00
1,980 sqft
May 2024